Upway
Upway operates a marketplace for refurbished e-bikes, aiming to make electric mobility more affordable. The Paris-based company has raised $121M and employs 311 people.
The growth story
Upway grew from 5 to 311 employees between 2021 and 2026, raising $121M along the way, most recently a Series C in November 2025.
About
Upway sells reconditioned e-bikes through an online platform, targeting consumers who want cheaper electric mobility options. The company focuses on reducing waste by extending the life of used e-bikes.
Founded in 2021, Upway has grown to over 300 employees and secured $121M in funding, including a Series C round in late 2025. Its investors include major names like A.P. Moller Holding and Cathay Innovation.
Founders and leadership
Operations is Upway's largest function, accounting for 38 employees. The company is led by a team based in Paris, with a relatively young workforce given its median tenure of just one year.
The Upway org chart
Toussaint Wattinne (Co-Founder & CEO) leads 60 mapped leaders with 3 direct reports. Click +N to expand a team; names link to the person’s public profile.
Departments, and which ones grew
Headcount by function: Operations 83 (+54% YoY), Engineering 39 (+50% YoY), Marketing 24 (+26% YoY), Business Development 23 (+109% YoY), Customer Success and Support 18 (+29% YoY), Information Technology 16 (+78% YoY).
Talent flow
Upway recruits heavily from tech and logistics firms, with Uber being its top source of hires (16 employees). Alumni have gone on to roles at companies like Filigran and Groupe SeLoger.
Most common previous employers of Upway staff: Uber (16), Flink (4), The Park (3), Hermes Germany (3), Google (3), Amazon (3). Former Upway employees most often moved to Filigran (1), Groupe SeLoger (1), LIGHT VISUAL EFFECTS (1), Cipo & Baxx (1), Veepee (1), BOB Automobile (1).
Alumni worth knowing
The Upway mafia
Upway alumni have founded three companies, including Durance AI, which employs nine people, and Celeste Design Studio, with three staff.
3Laura Dailey Marques, was Marketing Communications Manager until 2023Yash Sarkheliya, was Team Lead until 2025Hiring now
Web traffic
Traffic mix: 23% direct, 48% search, 4% social, 12% paid.
What this company is made of
Most common skills at Upway: Project Management (82), English (81), Communication (75), Microsoft Office (74), Microsoft Excel (73), Teamwork (67), Problem Solving (61), Management (57).
Where the team actually sits
Upway people are concentrated in Île-de-France, France (33), Berlin, Germany (16), Greater Paris Metropolitan Region (12), North Rhine-Westphalia, Germany (12).
Search footprint
Upway attracts about 40 organic search visits a month, traffic worth roughly $0K a month if bought through ads. It gained 68 ranking keywords and lost 39 in the last period.
What employees say
- Compensation
- 4.60 / 5
- Career opportunities
- 4.70 / 5
- Senior management
- 4.70 / 5
- Work-life balance
- 4.10 / 5
Frequently asked
Upway has 311 employees as of September 2026.
Upway has raised $121M in total, most recently a Series C round in November 2025.
Upway was founded in 2021 by Toussaint Wattinne, Stéphane Ficaja.
Toussaint Wattinne (Co-Founder & CEO) sits at the top of Upway's reporting structure, with 3 direct reports.
The most common previous employers of current Upway staff are Uber (16 people), Flink (4 people), The Park (3 people).
Former Upway employees most often move to Filigran (1), Groupe SeLoger (1), LIGHT VISUAL EFFECTS (1).
At least 3 companies have a founder who previously worked at Upway, including Durance AI, Celeste Design Studio, Arth Pack.
Upway attracts about 40 organic search visits a month, worth roughly $0K a month in equivalent ad spend.
The most common skills among Upway staff are Project Management, English, Communication, Microsoft Office, Microsoft Excel.
Upway staff are concentrated in Île-de-France, France (33), Berlin, Germany (16), Greater Paris Metropolitan Region (12).
Upway has about 83 people in Operations, up 54% over the past year, as of September 2026.
Upway has about 39 people in Engineering, up 50% over the past year, as of September 2026.
Computed from 159 current and 83 former Upway profiles, as of September 2026. Source: Crustdata.
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